Old Competitors
| ONB Stock | USD 25.40 0.49 1.97% |
Old National vs Cadence Bancorp Correlation
Very poor diversification
The correlation between Old National Bancorp and CADE is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Old National Bancorp and CADE in the same portfolio, assuming nothing else is changed.
Moving together with Old Stock
Moving against Old Stock
The current year's Return On Tangible Assets is expected to grow to 0.01. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Old National's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 3.8 B, whereas Non Current Assets Total are forecasted to decline to about 11.8 B.Old National Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Old National and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Old and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Old National Bancorp does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Old Stock performing well and Old National Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Old National's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UMBF | 1.19 | 0.21 | 0.19 | 0.22 | 0.92 | 3.61 | 6.43 | |||
| CFR | 1.02 | 0.19 | 0.20 | 0.25 | 0.73 | 3.15 | 7.64 | |||
| WTFC | 1.17 | 0.27 | 0.20 | 0.28 | 1.05 | 3.42 | 8.80 | |||
| ZION | 1.07 | 0.26 | 0.19 | 0.27 | 1.06 | 2.58 | 8.08 | |||
| BPOP | 1.21 | 0.37 | 0.21 | 0.49 | 1.28 | 2.96 | 6.73 | |||
| WAL | 1.29 | 0.23 | 0.12 | 0.19 | 1.55 | 3.88 | 10.08 | |||
| CBSH | 0.95 | 0.09 | 0.06 | 0.17 | 1.15 | 2.40 | 6.30 | |||
| SSB | 0.93 | 0.21 | 0.22 | 0.28 | 0.74 | 2.93 | 5.16 | |||
| PNFP | 1.24 | 0.21 | 0.12 | 0.24 | 1.46 | 3.19 | 8.67 | |||
| CADE | 1.20 | 0.17 | 0.08 | 0.91 | 1.49 | 3.30 | 10.36 |
Cross Equities Net Income Analysis
Compare Old National Bancorp and related stocks such as UMB Financial, CullenFrost Bankers, and Wintrust Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UMBF | 30.3 M | 106.5 M | 122.7 M | 134 M | 120.7 M | 116.1 M | 158.8 M | 247.1 M | 195.5 M | 243.6 M | 286.5 M | 353 M | 431.7 M | 350 M | 441.2 M | 702.4 M | 737.5 M |
| CFR | 10.3 M | 217.5 M | 238 M | 237.9 M | 278 M | 279.3 M | 304.3 M | 364.1 M | 454.9 M | 443.6 M | 331.2 M | 443.1 M | 579.1 M | 598 M | 582.5 M | 648.6 M | 681 M |
| WTFC | 1.5 M | 77.6 M | 111.2 M | 137.2 M | 151.4 M | 156.7 M | 206.9 M | 257.7 M | 343.2 M | 355.7 M | 293 M | 466.2 M | 509.7 M | 622.6 M | 695 M | 823.8 M | 865 M |
| ZION | 24.5 M | 323.8 M | 349.5 M | 263.8 M | 398.5 M | 309 M | 469 M | 592 M | 884 M | 816 M | 539 M | 1.1 B | 907 M | 680 M | 784 M | 899 M | 944 M |
| BPOP | 63.4 M | 151.3 M | 245.3 M | 599.3 M | (313.5 M) | 895.3 M | 216.7 M | 107.7 M | 618.2 M | 671.1 M | 506.6 M | 934.9 M | 1.1 B | 541.3 M | 614.2 M | 833.2 M | 874.8 M |
| WAL | 6 M | 31.5 M | 72.6 M | 115 M | 148 M | 194.2 M | 259.8 M | 325.5 M | 435.8 M | 499.2 M | 506.6 M | 899.2 M | 1.1 B | 722.4 M | 787.7 M | 969 M | 1 B |
| CBSH | 37.9 M | 256.3 M | 269.3 M | 261 M | 261.8 M | 263.7 M | 275.4 M | 319.4 M | 433.5 M | 421.2 M | 354.1 M | 530.8 M | 488.4 M | 477.1 M | 526.3 M | 566.3 M | 594.6 M |
| SSB | 4.6 M | 22.6 M | 30 M | 49.2 M | 75.4 M | 99.5 M | 101.3 M | 87.6 M | 178.9 M | 186.5 M | 120.6 M | 475.5 M | 496 M | 494.3 M | 534.8 M | 798.7 M | 838.6 M |
| PNFP | (2.3 M) | 43.7 M | 41.9 M | 57.7 M | 70.5 M | 95.5 M | 127.2 M | 174 M | 359.4 M | 400.9 M | 312.3 M | 527.3 M | 560.7 M | 562.2 M | 475.1 M | 642.1 M | 674.2 M |
| CADE | 7.5 M | 37.6 M | 84.3 M | 94.1 M | 116.8 M | 127.5 M | 132.7 M | 153 M | 221.3 M | 234.3 M | 228.1 M | 195.2 M | 463.2 M | 542.3 M | 523.6 M | 544.5 M | 571.7 M |
Old National Bancorp and related stocks such as UMB Financial, CullenFrost Bankers, and Wintrust Financial Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Old National Bancorp financial statement analysis. It represents the amount of money remaining after all of Old National Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Old National Competitive Analysis
The better you understand Old National competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Old National's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Old National's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Old National Competition Performance Charts
Five steps to successful analysis of Old National Competition
Old National's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Old National Bancorp in relation to its competition. Old National's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Old National in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Old National's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Old National Bancorp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Old National Correlation with its peers. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. Anticipated expansion of Old directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Old National assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.172 | Dividend Share 0.56 | Earnings Share 1.79 | Revenue Per Share | Quarterly Revenue Growth 0.414 |
Understanding Old National Bancorp requires distinguishing between market price and book value, where the latter reflects Old's accounting equity. The concept of intrinsic value - what Old National's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Old National's price substantially above or below its fundamental value.
It's important to distinguish between Old National's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Old National should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Old National's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.